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The British Department of Energy and Climate Change (DECC) released new numbers late last week showing that companies have invested £2.5 billion ($3.9 billion) into renewable energy projects across the United Kingdom so far this financial year, an investment which has the potential to create almost 12,000 jobs across the country.
£2.5 Billion Boost to UK Economy through Renewable Investment
Seeded on Sat Jan 7, 2012 2:03 PM EST
Article Source: Cleantechnica - By Joshua S Hill- Enjoy this article? Help vote it up the 'Vine.
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This report showed that the UK:
Achieved a 27% increase in renewable energy consumption from 42.6TWh in 2008 to 54TWh in 2010 — representing 3.3% of total energy consumed.
Increased wind generation by 46% from 7TWh in 2008 to 10.2TWh in 2010, and achieved 5GW of offshore and onshore wind capacity in 2010; and
Saw a threefold increase in the use of biofuels in transport from 1% of total road transport fuel supply in 2007/8 to 3.33% in 2010.
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